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New Henderson mine ready to hire hundreds 'now,' but will market for coal be there?

Jul 11, 2023 View Original Article
  • Bias Rating

    10% Center

  • Reliability

    50% ReliableFair

  • Policy Leaning

    10% Center

  • Politician Portrayal

    32% Positive

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

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Bias Meter

Contributing sentiments towards policy:

62% : However, Adelman remarked that the Henderson County Mine's reserves have "good coal that's marketable for domestic use and international use," and global consumption of coal is on the rise, thanks largely to growing economies in south Asia such as in India.
62% : The International Energy Agency reported that global coal demand surpassed 8 billion metric tons for the first time last year, and it is forecasting that it "will remain at similar levels in the following years in the absence of stronger efforts to accelerate the transition to clean energy" internationally."People who don't believe in the future of coal aren't paying attention," Schneider said.
57% : From there, coal will be carried by an existing above-ground conveyor some 11 miles to the company's coal terminal on the Ohio River near Uniontown.
55% : A news release put the number at 260, but Adelman said the mine would need 450 employees to achieve its production goal of 3 million tons of coal per year -- and the mine's bathhouse will be big enough to accommodate 500 workers.
53% : It produces about 9½ million tons of coal annually and employs approximately 900 people, according to Adelman.
50% : That trend has suppressed demand for coal in recent years.
49% : River View has begun underground mining of coal from the No. 11 coal seam near Highland and is moving southeasterly toward the site of the Henderson County Mine.
49% : Alliance produces coal for sale to electric utility companies that operate coal-fired power plants.
48% : The start of construction of Alliance Coal's new Henderson County Mine south of Corydon is months away, and coal mining won't begin until 2025 -- but the company is eager to start hiring new miners.
41% : U.S. consumption of coal fell from 716.9 million tons in 2017 to 512.6 million tons in 2022, a decline of 28.5%, according to the federal Energy Information Administration.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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